CHSN Price Watch: Critical Levels to MonitorCHSN is approaching a key decision point. If we see a confirmed break above the $0.33 high, there’s strong potential for a move up to $0.58, with $0.75 as a possible extension.
On the flip side, if the price breaks below the $0.29 low, we could see a retracement down to the $0.21 level.
Kris/Mindbloome Exchange
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CHSN trade ideas
$CHSN Short signal (my trading dairy)I will short trade NASDAQ:CHSN today if it started to rise after open, here is my reason:
1. Market maker sold out:
the price reached the resistance level from previous high with high volumes, which means half shares of the market cap has already sold. personally, i think those sold shares belong to the market maker.
2.Negative news:
SEC has ordered a suspension of trading in the company's securities on Oct 9, 2024 due to price manipulation activities.
3.Huge remained short volume
Compared to the volume and daily short volume of Oct 4th, Oct 7th, and Oct 22th, we could discover there is huge remained short volume.
Therefore I will short trade it tonight if it follow my expectation.